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June 7, 2023, 9:55 AM
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| Matt Levine / Bloomberg: |
A look at the similarities and differences between the SEC's lawsuits against Coinbase and Binance, as the SEC views every crypto exchange in the US as illegal — SEC v. Crypto — “A decent rule of thumb,” I wrote in March, “is that all cryptocurrency exchanges are doing crimes … | Robert Armstrong / Financial Times: |
Crypto is dangerous nonsense and should be regulated like smoking, gambling, or pyramid schemes, not granted the dignity of regulation under US securities law — But not for the reasons the exchanges think — This article is an on-site version of our Unhedged newsletter.
More:
Wall Street Journal, New York Times, The Verge, Crypto Daily, Finbold, CoinGeek, and Wired
Tweets:
@adegboyekaz, @tonytassell, and @smtuffy
| Filipe Espósito / 9to5Mac: |
Apple releases a Game Porting Toolkit based on open-source platform Wine to translate DirectX 12 into Metal 3, a potentially massive step for Mac gaming — One of the new features in macOS Sonoma is Game Mode, which Apple claims improves gaming performance on Apple Silicon Macs.
More:
CodeWeavers, The Verge, Apple Developer, 9to5Mac, Ars Technica, Wccftech, and MacRumors
Bluesky:
@dewittclinton.com. Mastodon:
@flargh@mastodon.social. Tweets:
@andytizer, @isaacmarovitz, @vnchocotaco, @jobvo, @film_girl, @rhysmorgan, @dj_link, @film_girl, @film_girl, and @wholemarsblog
| Michael Potuck / 9to5Mac: |
Apple makes iOS 17, iPadOS 17, watchOS 10, and macOS Sonoma developer betas free for anyone with an Apple ID, not just users with $99/year developer accounts — For years, access to the iOS developer beta and other developer builds has only been available through a $99/year developer account.
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Apple, MacRumors, MacRumors, TechCrunch, Macworld, BetaNews, Engadget, T3, AppleInsider, The Verge, 9to5Mac, TweakTown, MakeUseOf, AppleInsider, TechRepublic, iMore, Neowin, The Apple Post, The Eclectic Light Company, Techlusive, gHacks Technology News, Cult of Mac, GSMArena.com, Engadget, XDA Developers, PhoneArena, OS X Daily, Digital Trends, Supercharged, BGR, MobileSyrup, SlashGear, XDA Developers, Thurrott, Laptop Mag, Digital Trends, Cult of Mac, Macworld, Pricebaba.com Daily, Tom's Guide, iDownloadBlog.com, OS X Daily, MobileSyrup, PhoneArena, gHacks Technology News, and Engadget
Tweets:
@iswupdates, @connorjewiss, @smashdawg, and @ronfriedmann
| XDA Developers: |
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PhoneArena, TechRadar, Gizchina, Supercharged, and 9to5Google
Mastodon:
@williamgunn@mastodon.social. Tweets:
@mcnasty, @nexusben, @durvidimel, @nexusben, @maxwinebach, and @therichwoods
| Nikhilesh De / CoinDesk: |
Court filing: the SEC asked a DC court to grant a temporary restraining order that would freeze assets tied to Binance.US' holding and operating companies — The filing comes a day after the SEC sued Binance. — The U.S. Securities and Exchange Commission (SEC) asked a court to grant …
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U.S. Securities …, CNBC, United States District Court for the District of Columbia, United States District Court for the District of Columbia, Decrypt, The Block, DL News, TechCrunch, Crypto Daily, Cointelegraph, Watcher Guru, ZyCrypto, Reuters, CryptoSlate, Inside Bitcoins, Coinpedia Fintech News, Bloomberg, Blockonomi, South China Morning Post, Bitcoin News, Crowdfund Insider, CoinJournal, Ethereum World News, Cryptopolitan, Bitcoinist.com, and Reuters
Bluesky:
@carnage4life.bsky.social. Tweets:
@tier10k, @cz_binance, @lawsbyana, @ben_mckenzie, @scottmelker, @tree_of_alpha, @dylanleclair_, @campbelljaustin, and @notsuitman
| Wall Street Journal: |
Investigations: Instagram helps connect and promote a vast network of accounts openly devoted to underage sex content; Meta plans to increase its controls — The Meta unit's systems for fostering communities have guided users to child-sex content; company says it is improving internal controls
More:
Engadget, cyber.fsi.stanford.edu, and The Verge
| Casey Newton / Platformer: |
How Twitter, YouTube, and Meta gave up on removing lies about the 2020 US Presidential elections, having briefly banded together to do the right thing — For a time, they fought the good fight — but not any more — I. — On tech platforms these days you can get away with just about anything …
More:
Axios and Techdirt
Mastodon:
@dangillmor@mastodon.social and @metacurity@infosec.exchange
Tweets:
@whotargetsme, @iododds, @platformer, @caseynewton, and @martinsfp
| Alyssa Mercante / Kotaku: |
A look at Twitch's new ad rules covering branded content, a crucial source of income for creators; after an outcry, Twitch says the update was “overly broad” — 'The top 100 streamers on Twitch just got told they're not allowed to make 80 percent of their revenue the way they're used to making it.'
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Forbes, HotHardware, Game Rant, Destructoid, TheGamer, Dexerto, PC Gamer, Dot Esports, and IGN
Tweets:
@twitch, @zachbussey, @annemunition, @fr0gan, @big_e, @zachbussey, @dexerto, @zachbussey, @zachbussey, @twitch, @twitch, and @moistcr1tikal
| Joe Tidy / BBC: |
The Clop ransomware group tells the BBC, British Airways, Boots, and others to email them or data stolen via the MOVEit hack will be released on June 14 — A prolific cyber crime gang thought to be based in Russia has issued an ultimatum to victims of a hack that has hit organisations around the world.| Jeffrey Dastin / Reuters: |
Google Cloud partners with Priceline to help the travel agency develop an AI chatbot for planning trips, suggesting hotels like a “personal concierge”, and more — Want a New York hotel near a Christmas market, a vegan restaurant, or another attraction?
More:
Google Cloud Blog, Bloomberg, STAT, Skift, CNBC, PYMNTS.com, PhocusWire, Priceline Press Center, and Gizmodo
Tweets:
@googlecloud and @thomasortk
| The Verge: |
Apple acquires Los Angeles-based Mira, which makes AR headsets for companies and the US military; the startup had raised ~$17M and was once advised by Jony Ive — Apple has acquired Mira, a Los Angeles-based AR startup that makes headsets for other companies and the US military …
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Metaverse Post, Engadget, TechCircle, iMore, Apple Must, BigTechWire, WRAL TechWire, Light Reading, Cointelegraph, DigiTimes, Techlusive, PYMNTS.com, TechCrunch, 9to5Mac, Seeking Alpha, AppleInsider, MacRumors, and Reuters
LinkedIn:
Vangelis Lympouridis, PhD. Mastodon:
@ianfogg@mastodon.social. Tweets:
@cohensite, @katie_roof, @alexeheath, @richlightshed, and @zoeschiffer
| Javier Espinoza / Financial Times: |
Sources: the EU is considering a mandatory ban on using equipment from Huawei and other companies that are deemed to present a security risk in 5G networks — Brussels concerned lack of action by member states to bar high-risk companies threatens security of entire bloc
More:
MIT Technology Review, Washington Post, Reuters, Light Reading, and Huawei Central
| Ivan Mehta / TechCrunch: |
Automattic launches Jetpack AI Assistant for WordPress and Jetpack-powered sites, letting users generate content, translate text into 12 languages, and more — Automattic, the company behind WordPress.com and the main contributor to the open-source WordPress project, launched an AI assistant …
More:
Jetpack, Engadget, WordPress.com News, Dark Reading, and Search Engine Journal. Mastodon:
@ernie@writing.exchange
| Bloomberg: |
Sequoia's plan for three firms, a major shift, highlights the impact of rising US-China tensions and efforts by Silicon Valley to create distance from China — Sequoia Capital's plan to split itself into three separate regional firms represents a major shift at one the world's foremost venture capital firms.
More:
New York Times, Coinspeaker, Tech in Asia, Financial Times, The Information, PitchBook, Finextra, TechNode, and TechCrunch
| Financial Times: |
Nigeria-based Tingo, which offers mobiles and credit to farmers, fell ~80% after Hindenburg alleged the Nasdaq-listed fintech is an “exceptionally obvious scam” — Report alleges that Nasdaq listed company is an ‘exceptionally obvious scam’ — Shares in Tingo Group more than halved …
More:
Hindenburg Research, Reuters, Livemint, Benzinga, TechCabal, Tingo Group, Inc., WeeTracker, AltFi, and TechCabal
| Emily Birnbaum / Bloomberg: |
A profile of Google General Counsel Halimah DeLaine Prado after SCOTUS unanimously sided with the company in Gonzalez v. Google, as state cases test Section 230 — Google's general counsel, Halimah DeLaine Prado, was with friends in the suburbs of Boston for some rare personal time when she learned …
Tweets:
@sarthakgh
| Cecilia Kang / New York Times: |
Sources: OpenAI CEO Sam Altman has met with over 100 members of Congress, alongside VP Harris and cabinet members, to discuss AI regulation in recent months — The chief executive of OpenAI, which makes ChatGPT, has met with at least 100 U.S. lawmakers in recent months. He has also taken his show abroad.
More:
Bloomberg
| Sarah E. Needleman / Wall Street Journal: |
Email: Reddit lays off ~90 employees, or ~5% of its workforce, and slows hiring, as the company restructures key parts of its business to break even in 2024 — Moves aim to help social-media company break even next year — Social-media company Reddit is laying off roughly 90 employees … | Maghan McDowell / Vogue Business: |
Louis Vuitton announces “Treasure Trunk” NFTs costing €39K each and granting access to future products and experiences, in a hard pivot from an NFT-based game — The collection of phygital “Treasure Trunks” marks the first time that the luxury brand will sell NFTs …
More:
Blockworks, Crypto Daily, Cointelegraph, Coinpedia Fintech News, Cryptonews, Coinspeaker, and crypto.news
Tweets:
@jakester2705, @nftdropscal, @voguebusiness, @voguebusiness, and @zoescaman
| Jess Weatherbed / The Verge: |
1Password launches a passkey public beta for Chrome, Edge, Safari, Firefox, and Brave but not its mobile apps, after announcing passkey support in November 2022 — After several months of teasing, password manager 1Password has now launched its public beta for passkeys … Sponsor Posts
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Bluesky:
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Tweets:
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| Kanishka Singh / Reuters: |